Abbreviated Company Accounts - 4X4 ACCESSORIES SCOTLAND LTD

Abbreviated Company Accounts - 4X4 ACCESSORIES SCOTLAND LTD

4X4 ACCESSORIES SCOTLAND LTD - Company Information

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Registered Number SC398531

4X4 ACCESSORIES SCOTLAND LTD

Abbreviated Accounts

30 April 2015

4X4 ACCESSORIES SCOTLAND LTD Registered Number SC398531

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Current assets
Debtors 206 -
Cash at bank and in hand 5,332 100
5,538 100
Creditors: amounts falling due within one year (2,928) -
Net current assets (liabilities) 2,610 100
Total assets less current liabilities 2,610 100
Total net assets (liabilities) 2,610 100
Capital and reserves
Called up share capital 100 100
Profit and loss account 2,510 -
Shareholders' funds 2,610 100
  • For the year ending 30 April 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 January 2016

And signed on their behalf by:
William Neish, Director

4X4 ACCESSORIES SCOTLAND LTD Registered Number SC398531

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Motor Vehicles 25% on straight line
Equipment, fixtures and fittings 20% on straight line
Computer equipment: 33% on straight line
Plant and machinery 25% on straight line
Land and buildings leasehold: over the period of the lease